AIM6 Ventures and Elevate Service Group Announce Closing of Subscription Receipt Offering

Toronto, Ontario--(Newsfile Corp. - October 9, 2025) - AIM6 Ventures Inc. (TSXV: AIMF.P) ("AIM6" or the "Company") and ElevateDesign Ventures Inc. ("Elevate") are pleased to announce that Elevate has completed the previously announced brokered private placement of subscription receipts ("Subscription Receipts") led by Beacon Securities Limited ("Beacon") and a syndicate of agents (collectively, the "Agents") for gross proceeds of $7,938,000 (the "Offering"). The Offering was completed in connection with the proposed business combination (the "Transaction") between AIM6 and Elevate detailed in the press release of AIM6 dated October 8, 2025, which transaction is intended to constitute AIM6's "Qualifying Transaction" pursuant to Policy 2.4 of the TSX Venture Exchange (the "TSXV") to ultimately form the resulting issuer (the "Resulting Issuer") and the listing of the Resulting Issuer common shares (the "Resulting Issuer Common Shares") on the TSXV.

The Company intends to change its name to "Elevate Service Group Inc." upon completion of the Transaction and has applied to be listed as a Tier 1 Industrial Issuer on the TSXV under the ticker "SERV". The Transaction is expected to be completed in October 2025.

The Offering

Under the terms of the Offering and pursuant to an agency agreement (the "Agency Agreement") dated October 9, 2025 among Elevate, AIM6 and the Agents, Elevate issued 7,938,000 Subscription Receipts at a price of $1.00 per Subscription Receipt (the "Offering Price") for gross proceeds of $7,938,000. The net proceeds of the Offering will be used to support the acquisitions of Infinity Group Construction Inc. and First Choice Maintenance Inc. in connection with the Transaction, for investments in technology, building and fleet, to support potential acquisitions, and for working capital and general corporate purposes.

Each Subscription Receipt will automatically convert into one common share (a "Share") of Elevate on the satisfaction or waiver of all conditions precedent to the Transaction and certain other ancillary conditions customary for transactions of this nature (collectively, the "Release Conditions"), without the payment of additional consideration or the taking of further action on the part of the subscriber.

The net proceeds of the Offering will be held in escrow pending the satisfaction of the Release Conditions. In the event the event the Transaction does not occur on or before February 6, 2026, the gross proceeds of the Offering shall be returned to the purchasers pro rata without any deduction or interest, and the Subscription Receipts shall be automatically cancelled.